Two new Thai banknotes will soon be issued but it is likely that many of them will never be used. People will want to keep them instead.
The new banknotes, one with a face value of 80-baht and the other 100-baht, are being issued by the Bank of Thailand to commemorate the 80th birthday of Her Majesty the Queen and the 60th birthday of His Royal Highness Crown Prince Maha Vajiralongkorn.
Her Majesty's birthday is on Aug 12, while that of the Crown Prince is on July 28.
Central bank governor Prasarn Trairatvorakul said the bank will release 2 million 80-baht commemorative banknotes.
This will be the first time a banknote of this value has been printed.
The predominant colour of the special banknote is blue, the official colour of the Queen.
It is 80 millimetres wide, signifying the 80th birthday. A portrait of Their Majesties the King and Queen is on the front of the banknote.
On the back is a blue security thread imprinted with the number "80" which turns into a rose motif when tilted.
Mr Prasarn said the commemorative banknote will be encased in a hard-paper cover and priced at 120 baht each.
The banknotes will be available from Aug 9 onwards.
The bank will also issue 10 million commemorative banknotes with a face value of 100 baht to celebrate HRH Crown Prince Maha Vajiralongkorn's 5th cycle, or 60th birthday, on July 28 and circulate them in the financial system.
The front of the special edition 100-baht banknote will be identical to those currently in circulation.
The back, however, will bear a portrait of the Crown Prince Maha Vajiralongkorn in full regalia and an illustration depicting the Crown Prince's investiture.
Courtesy Bangkok Post 4/07/2012